The former Pakistan captain will miss the three match T20 series starting from Monday.
Hit on the head by a wayward throw from New Zealand's Colin Munro while taking a run in the match, Malik also couldn't play the last two of the five-match ODI series which Pakistan lost five nil.
The Pakistan Cricket Board said in a statement that the Pakistan team management including the captain, head coach, manager had held a meeting with team physiotherapist, Via Singh and Malik to discuss his participation in the T20 series.
"The committee is of the opinion that it should give him chance to recuperate from the symptoms of the delayed concussion he is he currently showing," it said.
The statement said that Malik suffered a delayed concussion after being hit by a wayward throw at Hamilton.
"He is showing daily signs of improvement. He has been advised to rest for a minimum of seven to 10 days. The decision was made to give him the best chance to continue aiding his prognosis and that he should return home to recover in a familiar and comfortable environment," the statement said.
Malik has been Pakistan's leading performer in limited overs cricket in the last two years since deciding to retire from Test cricket.
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